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Cargill opens maiden fish feed plant in India, tripling feed capacity
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Thursday, 01 February, 2018, 08 : 00 AM [IST]
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Our Bureau, New Delhi
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Cargill India inaugurated its maiden feed plant dedicated to fish species in India recently. The facility, which is located in Vijayawada and has been acquired from Mulpuri Foods and Feeds, has a capacity of 90,000 ton per year, enabling the company to triple its fish feed capacity to customers in the region.
In a statement, Cargill has stated that fish farmers in India will have access to high-quality feed this year, as this feed plant reflects its commitment to offering farmers safe, high-quality aqua feed solutions. It also marks an important step in the company’s work to develop its aqua feed business in India and across Asia.
It added that the plant was strategically located in the state of Andhra Pradesh, considered the capital of farm-raised aquaculture in India. It produces fish feed products for carp, tilapia, and other warm water species. Cargill currently works with toll millers in the region, selling about 30,000 ton of fish feed a year.
“India is an important and fast-growing aquaculture market, and we are excited to better serve farmers in the states of Andhra Pradesh, West Bengal, Tamil Nadu and Odisha,” said Chad Gauger, managing director, South Asia, Cargill Aqua Nutrition, adding, “The new facility positions us to better meet their demand, as the country will soon become the most populous in the world.”
Cargill invested Rs 70 crore in the inauguration of the plant, bringing about 200 new jobs to the region.
“India presents great opportunities for Cargill and plays an important part in our aqua nutrition growth strategy in Asia,” said Einar Wathne, president, Cargill Aqua Nutrition, adding, “The plant leverages Cargill’s industrial and supply chain capabilities, as well as its innovation expertise to provide customers with the best possible feed solutions, helping them grow healthy seafood and increase their output.”
The new feed plant also marked the introduction of Cargill’s EWOS brand of aqua nutrition fish feed products to India. The EWOS brand offers fish farmers deep expertise in aquaculture nutrition, combined with groundbreaking research into fish health and sustainable innovations.
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